Europe Wind Power Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook 2026-2030

The European wind power market encompasses the full value chain including turbine manufacturing, project development, installation, and long-term operations across onshore and offshore environments. As of 2025, total installed wind capacity across Europe reached approximately 304 GW, following the addition of 19-22 GW of new capacity during the year, with industry associations forecasting 151 GW of further additions through 2030. Wind power constitutes the single largest technology segment within Europe's renewable energy sector, representing about 33% of a broader market valued at roughly $259 billion in 2025.

• •Installed wind capacity reached approximately 304 GW across Europe as of 2025
• •New installations in 2025 totaled roughly 19-22.5 GW, making it a record deployment year
• •Wind power holds a 33.1% share of the broader European renewable energy market

Europe's wind power expansion is primarily propelled by binding climate legislation, including the European Green Deal and Fit for 55 package, which mandate significant emissions reductions and renewable energy deployment targets. Policy mechanisms such as auctions, power purchase agreements, and streamlined permitting processes are accelerating project pipelines, while declining technology costs and improving turbine efficiency continue to enhance project economics. Energy security concerns following geopolitical disruptions have further elevated wind energy's strategic importance as a domestic, indigenous power source.

• •The European Green Deal and Fit for 55 policy framework drive binding renewable energy and emissions targets
• •Energy security concerns following the Ukraine conflict accelerated national commitments to domestic wind generation
• •Falling levelized costs of energy and turbine technology improvements are boosting project bankability

The European wind power market is broadly segmented into onshore and offshore wind, with offshore wind representing a particularly fast-growing sub-market valued at approximately $19 billion in 2024 and projected to reach $31 billion by 2030. Northern European nations including Germany, Denmark, the Netherlands, and the United Kingdom have historically led in both onshore and offshore deployment, while southern and eastern European markets are expanding rapidly. The large wind turbine equipment segment alone was valued at roughly $4.7 billion in 2025 and is forecast to grow to nearly $8 billion by 2030.

• •Offshore wind revenue reached $19.07 billion in 2024, projected to grow to $31.12 billion by 2030 at 9% CAGR
• •Germany, the UK, Denmark, and the Netherlands remain the largest national markets for wind capacity
• •The large wind turbine equipment segment is valued at $4.73 billion in 2025, forecast at 10.77% CAGR through 2030

What are the recent trends and outlook?

The European wind power market is positioned for sustained long-term growth through 2030 and beyond, with industry forecasts projecting cumulative capacity additions of roughly 151 GW over the 2026-2030 period. Key emerging trends include repowering of aging onshore wind farms, floating offshore wind deployments in deeper waters, and increasing corporate procurement through corporate power purchase agreements. Supply chain localization efforts and manufacturing capacity expansions across Europe are accelerating as governments seek to reduce dependence on imported components while creating domestic industrial jobs.

• •Approximately 151 GW of new wind capacity is forecast across Europe between 2026 and 2030
• •Floating offshore wind and onshore repowering are emerging as high-growth sub-segments
• •Corporate PPAs and supply chain localization are reshaping project financing and development models